PS5 price news – Most PlayStation fans would pay more than PS4 Pro or the PS3

For both fans ofPlayStationand the bosses at Sony, it's been a busy old week in the world of PS5 news.

Following months of relative silence, Jim Ryan, President and CEO of Sony Interactive Entertainment dropped a massive PlayStation 5 blogpost with plenty of new intel .

Ryan revealed an official name – PlayStation 5 if there was any doubt -, a release window, and lots of details about the new Dualshock 5 controller were on the agenda.

And as if that wasn't enough, WIRED followed up with yet another deep dive to explore a slew of new features coming to the hotly anticipated next-gen console.

We even saw some official Sony retailers in Europe taking pre-orders for the console for less than £50.

If there were any doubts that Sony hadn't shifted their focus to the next-console generation just yet, or that the company might be losing ground on Xbox Scarlett, then those concerns were certainly put to bed this week.

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However, for all the talk of new features, release widows and even teasers from third-party developers about future PS5 game projects, there was one crucial piece of info missing.

The Price.

As we've already alluded to previously when it comes to the PlayStation 5, our readers are far more concerned with how much this machine is going to cost.

The poll, for those who may have missed it, represented just over 5000+ votes and of those who took part, 45% were more concerned with the price.

More so than the graphics, backwards compatibility or even exclusive games, something that most Sony fans would tell you is one of the consoles strong points.

Following on from those results, Daily Star was curious to know exactly how much people were willing to pay, especially in light of the recent reveals from Sony.

And the results were certainly interesting.

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We gave users 5 choices: £349, £399, £449, £499 and £500+.

Given that both the PS4 and PS4 Pro launched at £349 it feels as though the console couldn't surely release at anything less.

Likewise, we've seen the PS3 launch at £425, which at the time was seen as too expensive.

However, this machine is going to be the cutting edge of technology.

Coupled with inflation, it's not ridiculous to assume it could be upward of £500 by the end of 2020.

However, in our Daily Star poll, which attracted over 6000 votes, only 29% of voters were unwilling to pay more than the launch price of the PS4 at £349.

Remarkably, 71% of voters are willing to pay upwards of £399 for the new Sony machine.

27% will go as high as £399, 15% would pay £449, 15% wouldn't go above £499 and surprisingly 14% would pay over £500 for Sony's powerful new console.

How much would you pay for the PS5?

6000+ VOTES SO FAR

Perhaps perceptions have shifted considerably since the days of the PS3, where Sony was largely derailed from the offset by pricing the machine too high.

It's a moment in history that Sony bosses have even recalled as the companies "Icarus moment"

It'll certainly be interesting to see how the company approaches the price of the PS5 in the months to come.

Daily Star poll aside, it does seem as though there's an acceptance that tech costs more these days, just look at mobile phones.

How this will translate to games consoles will be fascinating.

For now, the only thing that can be guaranteed is that the machine itself will cost less to run.

Jim Ryan previously revealed this month that in an effort to combat climate change the machine will utilise features that make the console capable of running with significantly reduced power consumption.

Writing on the PlayStation blog, Ryan said:

"I am also very pleased to announce the next-generation PlayStation console will include the possibility to suspend gameplay with much lower power consumption than PS4 (which we estimate can be achieved at around 0.5 W).

"If just one million users enable this feature, it would save equivalent to the average electricity use of 1,000 US homes."

Comparatively, energyusecalculator.com reports that a base model PS4 only uses 90-150 watts, compared to 75-160 for the PS4 Pro.

With Sony committing to only use "around 0.5 W" when suspending gameplay it's likely that (over time) a great deal could be saved on energy bills.

No doubt it'll come in handy, not just for money-conscious consumers, but also those who are seemingly willing to fork out over £500+ in the first place just to buy the console when it goes on sale next year.

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